But if you furnish a three bed home just to look good, you’ll likely not perform well.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Of course, almost nobody would or should invest in Venezuela or Argentina (although I know people who are bullish on Argentina following the election of president Millei) so I'm not sure how relevant they are in the conversation.As to Mexico, its economy is performing much better than its American counterpart.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

I, as the founder/owner spend about 2 hours/months conducting performance reviews with these service providers.

Essentially, I'm not concerned about saturation levels, as nowhere in the world is everyone doing it in the most optimized way, with the top performing properties.

Easiest way to look at this generically would be:Proposed mortgage payments + any other monthly payment you haveYour monthly income + 75%*long-term rentsThis always needs to be less than 50%, and of course other factors would influence your ability to qualify but this hopefully will give you a way to guesstimate the feasibility. 

For example in Texas a finder is limited to a maximum fee of 10% of the net amount received by the beneficiary, thereby eliminating from profitability a significant percentage of deals.This is the same over hyped, over promoted, over promised, under performing opportunity as note broker, house wholesaler, etc.

Perform due diligence, including soil tests, environmental assessments, and surveys to ensure the land is suitable for construction.

Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.